Posts Tagged ‘David Penn’

1/11 – ETF Trading – The 200 Day Moving Average

The stock market remains overbought (see the chart of SPY I’ve posted and notice the high RSI(2) value). We’ll patiently wait for a market sell-off to trigger our etf entry signals.

So why not go short here? Our rules tell us to short an etf only when the etf price is less than it’s 200 day moving average. Why is that important? Read more by author by David Penn.

All of the etf trading strategies I use are found in the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have only a few rules and you’ll be able to back-test and apply the strategies to the next trading day. With easy to follow trading strategies, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in High Probability ETF Trading. Get your copy today and be ready for the next trading session. Now available in paperback.

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• 12/2 - ETF Trading - No Trades Today Good morning. My stock screener is telling me that we have no etf trading opportunities today. Markets are moving toward an overbought condition. We'll wait for a stock market pull-back to trigger some new entry signals. Once we get an etf trading signal, we won't always take just one trading......
• ETF Trading - SLV, EWJ OK, lets's get started trading. Based on the strategies found in High Probability ETF Trading, we have 2 trading candidates today: SLV EWJ Both stocks are above their 200 day moving average, and with RSI(2) scores below 3, this suggests that these etfs are oversold. Look to enter a position......
• 01/07 - ETF Trading - Why Trade ETFs? No trades today. The broader market remains overbought - see the high RSI(2) value on the chart for SPY below. Some of the sector indices are starting to turn over. However, we'll wait for a stock market pull-back to trigger our etf trading signals. Why trade etfs? John Nyaradi, in......

• Successful Investing Tips and Techniques The true, most basic motivation behind investing is to grow our investment. People who have invested before will take their time, looking at the differing companies and the market, trying to predict how a stock will do in a year or two. Those investors whom are without the experience to......
• The Author’s Site Is Your Success Into Online Business. Today we won't create the site, which is gaining money. We will create just promoted site. It is easier to create the promoted site, than the site, which brings money. And it is easier to earn money with the promoted site, than with not promoted. I think it is obvious.......
• Best Trade of 2009 Almost exactly a year ago, I mentioned a paired-trade investment between the long-term Bond ETF (TLT) and short-term corporate/sovereign bond ETF (AWF).  I went long AWF and shorted an equal dollar amount of TLT. Last week, I closed the position after holding it for just over a year. When I......